CBRE HotelsHLT Advisory

 

Program Schedule

 

The 2014 Western Canadian Hotel & Resort Investment Conference will  take place in TWO locations.  Our opening reception will be held on OCTOBER 7 at the Fairmont Pacific Rim with the conference sessions taking place OCTOBER 8 at Fairmont Waterfront Hotel Vancouver.
See below and kindly note the session time and locations. 

TUESDAY OCTOBER 7, 2014
Marriott Pinnacle Hotel  |1128 West Hastings Street, Vancouver, British Columbia,V6E 4R5

11:45 am - 4:30 pm

 

MARRIOTT DEVELOPMENT FORUM:
PRIVATE EVENT AT THE MARRIOTT PINNACLE HOTEL, 1128 WEST HASTINGS STREET

Marriott owners and development partners, as well as those with a specific interest in developing Marriott branded hotels in the future.  We invite you to attend a development forum in Vancouver, BC on Tuesday, October 7, 2014, prior to the Western Canadian Hotel & Resort Investment Conference.

As we approach a milestone in Canada of 100 hotels, we encourage you to come learn more about our industry leading brands and the Power of Marriott, focused on The Autograph Collection, TownePlace Suites, Fairfield Inn & Suites, Courtyard by Marriott, Residence Inn by Marriott and our new urban brand with a European influence, AC Hotels by Marriott.  Members of our brand management, development and architecture & construction teams will be presenting, providing an excellent opportunity to learn more about these brands and development opportunities. The session will begin at 11:45 a.m. in the Point Grey Room with a buffet lunch and conclude at 4:30 p.m. to allow registered delegates to attend the Opening Reception of the Western Canadian Hotel & Resort Investment at the nearby Fairmont Pacific Rim Hotel. Space is limited therefore please submit your request to attend in advance via e-mail by contacting Tanima Kazi at Tanima.Kazi@marriott.com

Speakers:

Noah Silverman | Chief Development Officer, North America Full Service Hotels, Marriott International Inc.
Eric Jacobs | Chief Development Officer, Select Service & Extended Stay Brands North America, Marriott International Inc.
Michael Beckley | Senior Vice President, Lodging Development, Marriott Hotels of Canada
Manlio Marescotti | Area Vice President, Lodging Development, Marriott Hotels of Canada 
Ryan McRae | Area Vice President, Lodging Development, Marriott Hotels of Canada 
Janis Milham | Senior Vice President, CFRST Brand Management, Marriott International Inc.
Adam Sherer | Vice President, SHS Franchising, Marriott International Inc.
Toni Stoeckl | Vice President, Lifestyle Brands, Marriott International Inc.

Fairmont Pacific Rim | 1038 Canada Place Way, Vancouver, BC V6C 0B9

4:30 pm - 7:30 pm

REGISTRATION OPENS 
(Emerald Ballroom Foyer)

5:30 pm - 7:30 pm

 

OPENING RECEPTION 
(Emerald Ballroom)

Conference hosts CBRE Hotels and HLT Advisory Inc. welcome all registered delegates to this deluxe function to reunite with old acquaintances and strike new relationships. 

WEDNESDAY OCTOBER 8, 2014
Fairmont Waterfront Hotel Vancouver | 900 Canada Place Way, Vancouver, British Columbia, V6C 3L5
7:00 am - 5:00 pm REGISTRATION OPENS 
(Waterfront Ballroom Foyer)

7:00 am - 8:00 am

CONTINENTAL BREAKFAST 
(Waterfront Ballroom Foyer)
Sponsored by:

8:00 am - 8:15 am

OPENING REMARKS
(Waterfront Ballroom)

Speaker:
Carrie Russell | HVS

 

MORNING PLENARY SESSION

8:15 am - 10:00 am

 

PLENARY #1
(Waterfront Ballroom)
Sponsored by:


 

PART A: WESTERN CANADIAN HOTEL & RESORT OPERATING AND TRANSACTION ROUND UP
We start the morning off with a review of this year’s operating performance and transaction highlights. Western Canadian urban and resort markets come under the microscope as performance metrics, market trends, hotel and resort values, stakeholder profile and motivations, and sale details are summarized.

Speakers:                                                          
Carrie Russell | HVS 
Mark Sparrow | CBRE Hotels

 

PART B: BUILDING THE BUY SIDE COMPONENTS. HOW SOME DEALS ARE STRUCTURED
What was the transaction story? How did it come about and how was the deal structured? Who has control and management? What type of entity works best for certain deals or structures?

It’s one thing to know the asset, buyer and cap rate but what about how the deal is created? By looking at how different forms of equity are attracted to a deal and how the debt, management and branding are woven into the fabric of the new entity we try to understand what works, and what doesn’t. How does the proponent keep everyone informed and happy? 

Moderator:
Bill Stone | CBRE Hotels

Speakers:
Jonathan Korol | SilverBirch Hotels & Resorts
Fayaz Manji | First Canadian Management Group of Companies
Ryan Pomeroy | Pomeroy Inn & Suites Inc. and Pomeroy Lodging LP

10:00 am - 10:45 am

NETWORKING COFFEE BREAK WITH SPONSORS
(Waterfront Ballroom Foyer) 
Sponsored by:

 
MORNING BREAKOUT SESSIONS: YOUR CHOICE A1 or A2

10:45 am - 12:00 pm 

 

A1: TEMPORARY FOREIGN WORKERS PROGRAM
(Waterfront A)

The moratorium on Canada’s Temporary Foreign Worker (TFW) program has ended and an “overhaul” of the program and new rules unveiled. What are the changes which limits access to the program? What are the penalties for employers who break the rules?

The Hotel Association of Canada (HAC) says linking employment rates to the program isn’t the right solution for the labour gap. “While the Hotel Association of Canada welcomes the lifting of the moratorium and greater program accountability the rest is exceedingly discouraging, “ said Tony Pollard, president of HAC. “For the lodging industry, whose business model is based on low margins, these program changes will have dramatic, immediate and negative effects."

Moderator:
Dave Kaiser | Alberta Hotel & Lodging Association

Speakers:
Celia Koehler | Alberta Hotel & Lodging Association
Peter Parmar | Nova Hotels Inc.
Matthew Wong | Service Canada

 

10:45 am - 12:00 pm 

 

 

A2: THE HOTEL AND RESORT REAL ESTATE MARKET-CYCLE OR TRAJECTORY?
(Waterfront B)

With the right timing and discipline, a long-term investment can really pay off. Understanding and appreciating the real estate cycle is critical to achieving big returns on investment. This session looks at strategic objectives, like picking winning markets, the timing of purchases, increasing value by expanding or improving a property, and more. This session is dedicated to the Western Canadian real estate market phases, how they fluctuate and whether this time it’s really different.

Speaker:
Tsur Somerville | UBC Centre for Urban Economics and Real Estate 
Real Estate Foundation of BC Professorship in Real Estate Finance Sauder School of Business, UBC

 

12:00 pm - 1:15 pm NETWORKING BUSINESS LUNCH
(Waterfront Ballroom Foyer)
 
AFTERNOON PLENARY SESSION 

1:15 pm - 2:15 pm

 

 

PLENARY #2: FOREIGN INVESTMENT IN CANADIAN REAL ESTATE- FOCUS ON CHINA
(Waterfront Ballroom)

Foreign investment influences the market- but how? And when?
This panel discussion focuses on the trends, sources and criteria for investment.

Moderator:
Tom Andrews | Colliers International Hotels

Speakers:
Harin Kaluaratchi | BMO Bank of Montreal
Roque Hsieh | KPMG LLP
Elizabeth Yip | Terra Law Corporation

2:15 pm - 2:30 pm INTERMISSION
AFTERNOON BREAKOUT SESSIONS: YOUR CHOICE B1 or B2

2:30 pm - 3:30 pm

 

B1: EXPERIENCED ACQUISITION UNDERWRITING: COMPUTER VS COWBOY
 (Waterfront A)

This session explores the alternative approaches to hotel development and acquisitions. How do you assess a property’s real value? Do you rely on experience and gut intuition or systematic analytical approaches? Who is right and what has worked in the past?

Moderator:
Rich Eichler | Rich Eichler Consulting Inc.

Speakers:
Marc Staniloff | Superior Lodging Corp.
Jason Wight | HVS

2:30 pm - 3:30 pm

 

B2: AGING RESORTS… A CASE FOR RENOVATION
(Waterfront B)

It seems we just built this and now we have to reinvest!  How and where do you find the capital to put in? Which areas provide and return on investment and which improvements have to be completed for defensive or preventative concerns. How does ownership structure impact the ability to raise and deploy capital? 

Moderator:
Brian Stanford | PKF Consulting

Speakers:
Mark Edwards | 360 VOX Corporation
Tyler MacDonald | Oxford Properties Group
Paul Morissette | B+H CHIL Design
Scott Richer | Delta Hotels and Resorts

3:30 pm - 4:00 pm NETWORKING COFFEE BREAK WITH SPONSORS
(Waterfront Ballroom Foyer)
 
AFTERNOON PLENARY SESSION 

4:00 pm – 4:45 pm

PLENARY #3: YOUNG BLOODS
(Waterfront Ballroom)

Hear from the next generation of innovative hoteliers and their plans for future projects. 

Moderator:
Carrie Russell | HVS

Speakers:
Marcel Berube | Calgary Airport Hotels and Conference Center Hampton Inn & Homewood Suites by Hilton
Hugo Germain | ALT Hotels Canada
Aleksa Mrdjenovich | Nova Hotels

4:45 pm - 5:00 pm

CLOSING REMARKS
(Waterfront Ballroom)

Speaker:
Monique Rosszell | HVS